How Effective is Your STO Strategy

June 18, 2015

WEBINARS

Welcome to the webinar:

How Effective is your

STO Strategy?

June 18, 2015

WEBINARS

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Moderator

Thomas Wilk

Editor-in-Chief

Plant Services Sponsored by:

June 18, 2015

WEBINARS Joining us today:

Moderator

Thomas Wilk

Editor-in-Chief

Plant Services

Steve Carr

Principal Consultant

Life Cycle Engineering

Joel Levitt

Director of International

Projects


4 © Life Cycle Engineering 2015 © Life Cycle Engineering 2015

How Effective is Your STO Strategy? Plant Services Webinar

June 18, 2015

5 © Life Cycle Engineering 2015

The importance of identifying work to be

included in the shutdown

• Why it’s difficult

• Why it’s important

• Importance of “freezing” the work list


3 Tips to limit scope creep

• How to get identified work into your EAM

• How to manage your spend

• Build in room for “discoverables”


How do you manage STO risks?

• Identification of risks

• Probability of risk

• Impact of risk

• Action plan for risk

– Accept

– Mitigate / insure

– Eliminate


How do you build continuity from one

shutdown to the next?

• Transmitting the body of knowledge from one

shutdown to the next is important. Learn, take

notes, share knowledge.

• Transition plan for when workers

change jobs / move on

• Conduct post-STO Lessons

Learned review


Tips on managing contractors

• In-house vs. hiring contractors

– Factors like time, duration and amount of

work

• Keep communication flowing

• Know the contractor

demands in your

geographical area


What do you need in a CMMS / EAM system to

drive successful STOs?

• Scope

• Schedule

• Procurement

• Materials Tracking

• Costs and Actuals Tracking

• Status of STO

• Earned Value Analysis


KPIs – How do you know where you stand?

• Common KPIs used to track and measure

success of STO programs and events

• Information will need to come from a CMMS /

EAM system -- things to keep in mind


Today’s presenters

Joel Levitt Steve Carr

[email protected] [email protected]

mailto:[email protected]

mailto:[email protected]


Resources available in the Handouts Section

Article: Hidden Leaders of the Shutdown

FAQ Series – Shutdowns and Outages

In this resource, a compilation of frequently asked questions, LCE’s STO experts

address some of the most common questions that our clients ask about planning and

executing shutdowns.

STO Self-Assessment Questionnaire (Link for downloading resource)

Answer these 24 “Yes or No” questions to help you quickly determine whether you’re

well on your way to using best practices or if your organization could drive significant

performance and financial benefits from improving how you handle shutdowns.

STO Competency Improvement Program

A brochure describing the Life Cycle Institute program that can help you improve STO

performance by building competency in STO best practices

http://www.lce.com/STO_SelfAssessment_Questionnaire_562.html




June 18, 2015

WEBINARS

Questions?

Webinar sponsored by:

Steve Carr

Principal Consultant


Joel Levitt

Director of International Projects


How Effective is Your STO Strategy

Documents

Transcript of How Effective is Your STO Strategy